Qantas has never had the luxury of going bankrupt where it could start again with new labour contracts at more competitive rates.
That’s the view of Australia’s most respected aviation commentator Peter Harbison in an opinion piece in the Australian Financial Review.
Mr Harbison said that “when judging Qantas’ performance over the last couple of decades, some important factors are being entirely buried in the current discourse. Joyce has been severely criticised for “trashing the brand”. I’m not going to argue that corner, except to respond to one particular aspect of concerns – cost-cutting, and staff reductions.
“The economies have certainly been extreme, read more ⇒
Source:: AirlineRatings.Com